Price chart analysis $WIF 1 hour time frame:
1. Downtrend:
Price: $3.39
24-hour change: +4.78%
Change in 1 week: +15%
24-hour trading volume: $609M
Market cap: $3.38B
Circulating supply: 998,905,938 WIF
2. support and resistance levels:
Support level: the nearest support level is $3.1403. If the price breaks through, the next support level is $2.9478.
Resistance: price levels $3.6861 and $3.9718.
3. Technical indicators:
EMA: Price is above the 50 EMA showing an uptrend
MACD: MACD line is above the signal line and in an uptrend, showing an uptrend.
RSI: The RSI indicator is at 60, showing that the market is in a bullish state.
4. Conclusion:
The price broke through the resistance level of $3.2747 and the indicators all show bullish signals so it can be concluded that the price will start to increase.